The logic is this:EU banks have lent money to Turkey right?So if Turkey declare default-guess what-the banks that have lent Turkey money will have the privilege to acquire the default companies first-for free.Companies itself have value so its a win win situation for the banks.

Well as far as I understand the story goes like this
Trump: I make economic war because im cocky and I can
Erdogan: No I make ecomic war on you back
Trump: Lol I can destroy your country without invading it
Erdogan: Cum at me bro
A few moments later...
Erdogan: Allah pls halp

I was saying it all the time.. european union is bad for good countries.. You have to give more money for very little benefits.. before anyone says anything bad about my country do some research and you will find out that we were the country that gave most money/citizen to greece. Only one getting profit from EU are lazy countries as greece and turkey who don't want to work and they get free money and germany and france and similar countries that take in muslim immigrants. Anyways thank Mr. Merkel